PowerFlow EA (2nd acc) Discussion

fxtrader10 posted:
I will say I'm happy so far too - just their chart looks remarkably similar to you wonder one day if it will blow up in our faces. I am happy for Alexander finally refining a strategy thats making us money.

I am happy that you like the EA. As long you use PowerFlow with the recommend start lots and don't disable the DD protection "blow up" of accounts is not possible. However, if you disable the DD protection and use the EA with too high risk (high start lots), you may face serous draw downs.

fxtrader10 posted:
Anyone know why the vendor only uses 0.02 lot sizes with a balance of $60k plus? Worried about DD or what?

Our target are stable long term results. Low start lots are the best way to keep the risk as low as possible. And ....if you take a look to the stats, it's enough to gain -+ 10% p. month.

Though, AUDNZD dropped like a stone, PowerFlow EA did a great job and closed the long basket with a nice profit.

Most grid trading systems died during the last weeks but your PowerFlow system did very well. Though I was told that strong trends are very bad for grid and semi martingale strategies. Very impressive!

If I buy more than one product from you, can you give me some discount. I really need some good EA but as I lost some money with other systems, my budget is very tight at the moment.

Greetings S777

Guys i have brought this EA on November 2014 never shut my pc. I removed déactived hedging and removed G/u chart cause it trade used high DD.

This is demo Ac and scared to open live AC..please advise.December made 15% January -3% so confused.

I want to make things clear for any users depositing 500usd

Deposit : 500usd
broker ???
Leverage ??? 1:200
Lost Size ??? Micro
Profit : 10%
Running EA 24/5 we can make 50usd per month.

If we want make 500usd per month how much should we invest with low DD.

https://www.myfxbook.com/members/nikearvind/arvindfxopen/1106821

nikearvind posted:
This is demo Ac and scared to open live AC..please advise.December made 15% January -3% so confused.

+15% for December is great but honestly I would recommend to decrease the risk a bit. If you go for 5-7.5 or 10% p. month, your draw downs will be lower and you will still make a nice amount of money.

And don't be worry about the -3%. I am certain that the EA will cover this tiny loss in no time.

Should you have further questions about setup, start lots etc., please contact our support desk through e-mail.

Regards, Alexander

Stanko777 posted:
Most grid trading systems died during the last weeks but your PowerFlow system did very well. Though I was told that strong trends are very bad for grid and semi martingale strategies. Very impressive!

If I buy more than one product from you, can you give me some discount. I really need some good EA but as I lost some money with other systems, my budget is very tight at the moment.

Greetings S777

Hello Stanko!

Yes, you are right. PowerFlow did very well and I am certain that it will continue to do so in the future. We do have a promo campaign running, so just visit our website and place your order.

Best Regards, Alexander

Hello Alexander,

May I ask for a little guidance on recommended lot sizes.

Say my account is $10k USD.

If I were to aim for approx 10% growth and trade the 3 main pairs AUDNZD, GBPUSD, USDCAD, to the best of your knowledge, what would your recommended starting lot size be for each?

I see the documentation has the standard risk starting lot size for $10K as AUDNZD = 0.10, GBPUSD = 0.04, USDCAD = 0.20.

Can you give a sense as to what the 'standard risk' DD would be historically and the expected growth from this risk?

Thanks,
 todompoll

Hello todompoll,

if you need assistance with start lots, please contact us through e-mail. Andrew will be happy to assist you.

Regards, Alexander

this type of EA onlty This Type of Accounts = CENT ACCOUNTS at TRADEFORT and leverage 1000

it is not safe sysytems

Hello Roller,

thank you for your comment. We run cent accounts, mini and regular accounts. See also: https://www.myfxbook.com/members/Forex21

Leverage ranges between 1:100 > and 1:1000. If you take a look to the track records, I am certain that you will agree that the system returns excellent results.

Regards, Alexander

Interesting profits.

Well

How can we comunicate?

Hello Julio,
you can use the mail feature (right upper corner) or contact us through our website. Link to contact page: https://www.forex21.com/contact-us/

Best Regards, Alexander

big lost big....... GBPUSD .......

lost 120.000, now EA says stop trading due DD... Not Happy

Why vendors account is always different?? ( Please don't blame always this different spread, time,Balance, etc...)....This is shocking...all my profit is gone.I cant believe this.It opened a trade with 132 lots!!!! this is crazy.... My account is bigger than vendors and have used recommended settings or even lower... ( GBPUSD 0.04 - AUDAUD 0.2 - USDCAD 0.2 ).

@Forex21 Please explain this... why EA moves from a safe and reasonable EA to a absolute crazy system that has no control????

Only use is with 10k account with 0.01 starting lot on audnzd and usdcad.

FXtrader2010 posted:
Only use is with 10k account with 0.01 starting lot on audnzd and usdcad.

Thanks a lot..but why Forex21 didn't announce this? Plus vendor is using this pair,but it doesn't match any of our trades... ( with exception to some AUSNZD).. This is not right..

@Forex21 ... still waiting for your reply for this big disaster..

bundesrepublik posted:

FXtrader2010 posted:
Only use is with 10k account with 0.01 starting lot on audnzd and usdcad.

Thanks a lot..but why Forex21 didn't announce this? Plus vendor is using this pair,but it doesn't match any of our trades... ( with exception to some AUSNZD).. This is not right..

@Forex21 ... still waiting for your reply for this big disaster..

Just forget loss is a loss, learn a lesson, martingale is a very bad idea. moving on , shame though.

FXtrader2010 posted:

bundesrepublik posted:

FXtrader2010 posted:
Only use is with 10k account with 0.01 starting lot on audnzd and usdcad.

Thanks a lot..but why Forex21 didn't announce this? Plus vendor is using this pair,but it doesn't match any of our trades... ( with exception to some AUSNZD).. This is not right..

@Forex21 ... still waiting for your reply for this big disaster..

Just forget loss is a loss, learn a lesson, martingale is a very bad idea. moving on , shame though.

Well..I understand loos is a loss ,but Forex21 is calming that has one of the safest EA's in the market and we paid for it... It is my right to know why this happened. My issue is not the loss, my issue is why this EA opened 132 lots and does risky movement. I want to know why vendors account is not transparent and matches any of the trades.

There is something not right and we are here to share our ideas and experiences and not blindly criticizing. I'm very sad about my losses, but again my real issue is there is something wrong with Forex 21 ( Alex ). So much difference in trade is just not normal and I want an answer ..

@ bundesrepublik

We want to make sure that our clients make money with our systems and when there is a problem, we are always ready to help. According to the provided information from you, the basket was to close at 1.5458..



Why the basket was not closed I cannot tell you. Perhaps it would have been a good idea to contact our support and analyze what happend before deciding that it's the fault of the EA without knowing what actually happend.

I also would like to mention that the published stats are as transparent as only possible. All data are public and the information is updated every few minutes.

Furthermore, please note that every trading method includes risk. If you take a look to the PowerFlow back test and forward trading results, you can see that the EA can handle even very difficult market conditions. Plus, the 'Max DD' feature allows the user to specify when the EA should close all positions in case something goes wrong.

Best Regards,
Alexander